Nocopi Technologies Inc (OTCMKTS:NNUP) Explodes Up The Charts

Nocopi Technologies Inc (OTCMKTS:NNUP) exploded up the charts for the second time this year. NNUP has become a favorite pick of Epic Stock Picks and ran up the charts each time Epic recommended the company.NNUP has developed a patented product line of security inks to protect products, documents and information. The company also develops and market specialty reactive ink technologies that have applications in the large educational and toy market, such as children’s activity products like a coloring book without crayons.This technology is called Rub-it & Color, it consists of special patented inks, that will result in a large variety of colors, when activated through rubbing with fingers or a firm object. NNUP's Rub-it & Color technology has been licensed to a proven children’s book and activity kit publisher and has been in retail stores nationwide since January 1, 2007 under the name Rub-n-Color.Since 1983, NNUP's goal is to prevent the rampant problem of receipt and document fraud - a rampantly growing problem which includes tax documents, event and concert tickets, certificates, and confidential memo's. NNUP's clients include many Fortune 500 companies who are incorporating their security technology for such things as tickets, checks, cash register tapes, and coupons to fragrances, cosmetics, fashion apparel, pharmaceuticals, tobacco products, automotive parts and many more.With NNUP's technology your alphanumeric inscriptions, color codings or other ID marks are invisible. They cannot be revealed under ultra-violet light unless subjected to your specific activation. Counterfeiters and diverters simply can't duplicate, overwrite, or remove the identification provided by the covert applications developed specifically for customers.NNUP's patented Overt Ink Solutions include Rub & Reveal Ink, a simple and effective way to instantly authenticate a document. A distinct and instant color change tells you that the document is an original and not a counterfeit. The company's patented Overt Ink Solutions include Rub & Reveal Ink, a simple and effective way to instantly authenticate a document. The Covert Ink Systems protect products from counterfeiters and diverters through an invisible printing of data like tracking numbers or barcodes on the product/ product packaging. The invisible printing technology falls under NNUP's CopiMark inks, which are totally invisible under light, UV or otherwise until activated with a special chemical.NNUP's revenues are derived from (a) royalties paid by licensees of the company's technologies; (b) fees for the provision of technical services to licensees; and (c) the direct sale of products incorporating the company's technologies, such as inks, security paper and pressure sensitive labels, and equipment. In the quarter ended September 30 2015, NNUP reported revenues of $236k and gross profit of $154k.Going forward, NNUP's primary plan of operation is to capitalize on the toy product market. Specifically, the company noted that it has secured licensing agreements with two companies who are well known, highly regarded, and have a "significant presence in the entertainment and toy market." NNUP believes that these two companies will expand their offerings of the company's technologies this year.Currently trading at just a $3.69 million market cap, NNUP saw its shares rise an incredible 432% in one day on the back of the Epic promotion. What's notable is that Epic was not paid for recommending NNUP. Obviously, Epic believes in the company and would not have recommended the company not once, but twice. For those that have not yet purchased NNUP, we recommend buying on a pullback. For those that got in early, this is a good spot to book profits. We will be updating Insider Financial as soon as we know more. For continuing coverage on NNUP, sign up for our free newsletter today and get our next hot stock pick!Disclosure: We have no position in NNUP and have not been compensated for this article.